Nigeria’s giant Dangote refinery is benefiting from record margins for producing jet fuel that it is mostly selling abroad, while the domestic airlines it also supplies...
President of Dangote Group, Aliko Dangote, has said that the expansion of the Dangote Refinery to a production capacity of 1.4 million barrels per day will...
The African Petroleum Producers Organization (APPO) is promoting the development of regional energy hubs across the continent, aiming to remove trade barriers and strengthen infrastructure interconnections...
Crude oil prices zig-zagged between negative and positive territory on Friday as traders weighed supply disruptions against the potential restart of peace talks between the U.S....
Brent crude futures climbed more than $1 a barrel on Thursday following U.S. President Donald Trump’s threat to attack ships laying mines in the Strait of...
Nigerian Upstream Petroleum Regulatory Commission has charged the Independent Petroleum Producers Group to uphold industry standards to strengthen human capital development. NUPRC also urged the group...
Nigeria has lost an estimated $226.734 billion in revenue from the suspension of crude oil production across 96 wells in Ogoniland over the past 33 years....
An intergovernmental agreement (IGA) on a planned $25 billion Nigeria-Morocco gas pipeline will be signed this year, the head of Morocco’s hydrocarbons and mining agency (ONHYM)...
Oil prices jumped about 6% to more than $100 a barrel on Monday after the U.S. military said it will blockade ships leaving Iran ports, while...
Nigerian National Petroleum Company Limited (NNPC) said it grew its revenue to N2.68 trillion, up from N2.57 trillion in January despite a dip in crude oil...
Oando PLC plans to raise up to $750 million this year for a drilling campaign that could boost output by 300%, tapping improved investor appetite for...
Oil prices rose towards $100 a barrel on concerns over Saudi Arabia supply disruptions and limited flows through the Strait of Hormuz, but were still on...
Brent crude oil and major oil contracts crashed below $95 a barrel on Wednesday after Iran agreed to reopen the Strait of Hormuz, a vital route...
European and Asian refiners are paying record high prices of near $150 a barrel for some crude oil grades, far exceeding prices for paper futures, highlighting...
Dangote refinery, Africa’s largest, has increased exports of gasoline and urea to African countries hit by supply disruptions caused by the Iran war, its owner Aliko...